Trump's Trade War May Test Investors More Than China's Economy

TS Lombard, an economic forecaster, says China is "feeling aggrieved" over the Trump administration's demands, since the assault represents a threat to the ruling Communist Party's power. "As a result, Beijing has also shifted to a harder line and is likely to shun new talks, blaming the U.S. for a lack of sincerity to engage in negotiations," according to a report this week from the London-based firm.